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Pi Network (PI) Price Prediction: PI Defends $0.35 Support; Breakout Above $0.36 Could Trigger Major Rally

Pi Network (PI) Price Prediction: PI Defends $0.35 Support; Breakout Above $0.36 Could Trigger Major Rally

Author:
Tronweekly
Published:
2025-08-20 16:01:45
13
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Pi Network's native token shows surprising resilience at critical support level—traders eyeing the next move.

Technical Analysis Breakdown

PI bulls dig in at $0.35, forming a solid foundation after recent volatility. The cryptocurrency maintains its position despite broader market headwinds—suggesting underlying strength that's catching institutional attention.

Breakout Territory

A decisive push past $0.36 could unleash pent-up buying pressure. Trading volume patterns indicate accumulation happening beneath the surface—smart money positioning before the potential surge.

Market Psychology

Retail traders remain skeptical while whales accumulate—classic setup for a face-ripping rally that leaves doubters chasing price. Because nothing moves markets like FOMO from those who swore they'd 'never buy that shitcoin.'

Pi Network

  • Pi Network (PI) trades at $0.3501, down nearly 13% over the past week amid broad market weakness.
  • Falling wedge pattern between $0.34–$0.36 suggests a possible bullish reversal if PI breaks above $0.36.
  • Key support at $0.3329 and $0.30 versus resistance at $0.3617 and $0.3904 will likely dictate short-term price moves.

Pi Network (PI) is struggling to find its footing as the broader crypto market remains under pressure. At the time of writing, PI is trading at $0.3501, down about 1.79% in the past 24 hours and nearly 13% over the week. The decline reflects how Bitcoin’s recent pullback continues to weigh on altcoins across the board.

PI 7D graph coinmarketcap 1

Source: CoinMarketcap

PI fell and is now trading within the $0.34–$0.36 zone. Pi is set up in a descending wedge structure, a situation which tends to indicate a bull turn is looming.

Nevertheless, traders are taking a keen interest at this point since confirmation of this move will only come with a rally through $0.36 which could provide a gateway to $0.40–$0.41. Until this materializes, Optimism remains guarded.

Pi Network (PI) Struggles Below Resistance

PI/USDT 4-hour chart indicates selling pressure. The token is fluctuating NEAR $0.3490, which is only a little above the lower Bollinger Band at $0.3329. The first resistance level is at $0.3617, and there is a stronger barrier around $0.3904

The widening Bollinger Bands show rising volatility, and with PI on a slope to the lower band, bearish momentum is still solid. On a historical basis, this kind of set-up sometimes precipitates short-term bounces.

Momentum indicators contribute to the cautious tone as well. The RSI remains at 34.32, near oversold conditions but not quite yet flashing a distinct bull signal. The MACD remains bearish as well and with no imminent crossover on the horizon. If sellers drive the price below $0.3329, PI can MOVE lower toward the key $0.30 psychological level.

PI3USD 2025 08 20 06 29 35

Source: Tradingview

Conversely, maintaining current support might pave the way for a bounce back to around $0.3617. A powerful breakout above $0.39 on the back of firm volume will be required to shift sentiment back to favoring the bulls and indicate a potential reversal of trend.

PI is for now at a crucial point, suspended between the possibility of a fleeting relief rally and further losses as market sentiment generally remains weak.

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